Bitcoin may test new low between $30,000 and $47,000 as analysts warn of continued bearish cycle

Two independent analyses suggest that Bitcoin could find a new price floor later this decade. A regression and Fibonacci study of the past three bear markets projects a bottom between $44,000 and $47,000, with the 91‑day window of the current downturn expected to close in early October 2026. The same report notes that deeper derivatives markets, spot ETFs and larger whale holdings have softened the severity of each successive decline.

A separate chart‑based forecast highlights a broader potential support zone of $30,000 to $40,000, linking the downside to political factors such as sanctions‑evasion uses of Bitcoin and forthcoming regulatory pressures. The analysis stresses that tighter reporting rules and on‑ramp restrictions could further reduce liquidity, affecting investors and payment‑service firms alike.